Mother Theodore Corporation IV

Analysis

Mother Theodore Corporation IV is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mother Theodore Corporation IV reported income of $521k and spending of $462k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $475k to $521k (+9.7%), an average of +2.3% a year. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mother Theodore Corporation IV sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Garnett Senior Housing Foundation Inc ($521k), St James Park RHF Housing Inc ($521k) and NCR of Camillus Housing Development Fund Co Inc ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $1.0m against liabilities of $38k, net assets of $1.0m.